From the latest SQM Research newsletter:
Vacancy rates have continued to rise over summer, rents on our numbers are now down 14% and are in a clear downtrend as shown by this chart.
Now invariably a slowdown will come.
My forecast for the opening of the Sydney auction season: Clearance rates will rise from the closing levels of the high 60s in December. The Sydney auction market will most likely open up in the early to mid 70s.”